Italy - Cyclic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's Cyclic Hydrocarbons Imports Decrease by 23% to $535 Million in 2023
Italy Cyclic Hydrocarbons Imports
In 2023, cyclic hydrocarbons imports into Italy shrank to 405K tons, declining by -14.7% on the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 49% against the previous year. Over the period under review, imports attained the peak figure at 567K tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.
In value terms, cyclic hydrocarbons imports contracted notably to $535M (IndexBox estimates) in 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Over the period under review, imports hit record highs at $800M in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Cyclic Hydrocarbons in Italy (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Netherlands | 94.1 | 166 | 75.5 | 68.7 | 68.2 | 56.1 | 52.1 | 31.8 | 69.1 | 124 | 125 |
| Israel | 87.9 | 69.7 | 47.3 | 43.8 | 45.0 | 47.7 | 47.8 | 32.3 | 35.9 | 71.6 | 64.7 |
| Belgium | 25.3 | 27.1 | 14.2 | 10.9 | 21.2 | 28.0 | 22.2 | 12.7 | 24.8 | 31.1 | 59.3 |
| Turkey | 83.0 | 134 | 91.7 | 77.3 | 103 | 75.5 | 74.9 | 49.8 | 81.0 | 91.6 | 44.4 |
| Spain | 115 | 110 | 54.5 | 46.1 | 68.1 | 77.8 | 69.8 | 52.4 | 89.9 | 73.4 | 36.3 |
| Germany | 36.0 | 19.8 | 22.0 | 26.5 | 36.0 | 37.5 | 28.0 | 23.8 | 36.0 | 42.9 | 35.3 |
| United States | 2.2 | 12.5 | 11.0 | 23.3 | 41.1 | 83.1 | 47.4 | 18.9 | 28.9 | 61.7 | 23.3 |
| France | 37.6 | 40.5 | 64.4 | 44.8 | 49.3 | 43.4 | 35.9 | 24.9 | 18.6 | 15.3 | 9.5 |
| Others | 103 | 221 | 94.0 | 70.1 | 81.4 | 118 | 125 | 103 | 149 | 183 | 137 |
| Total | 584 | 800 | 475 | 411 | 514 | 567 | 503 | 350 | 533 | 695 | 535 |
Imports by Country
the Netherlands (102K tons), Israel (60K tons) and Belgium (44K tons) were the main suppliers of cyclic hydrocarbons imports to Italy, together accounting for 51% of total imports. Turkey, Spain, Germany, the United States and France lagged somewhat behind, together comprising a further 25%.
From 2013 to 2023, the biggest increases were recorded for the United States (with a CAGR of +27.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest cyclic hydrocarbons suppliers to Italy were the Netherlands ($125M), Israel ($65M) and Belgium ($59M), together comprising 47% of total imports. Turkey, Spain, Germany, the United States and France lagged somewhat behind, together comprising a further 28%.
the United States, with a CAGR of +26.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the cyclic hydrocarbons price amounted to $1,321 per ton (CIF, Italy), dropping by -9.7% against the previous year. Over the period under review, the import price saw a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 61%. Over the period under review, average import prices reached the maximum at $1,540 per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($2,136 per ton), while the price for Romania ($893 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the cyclic hydrocarbons market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141213 - Cyclohexane
- Prodcom 20141215 - Cyclanes, cyclenes and cycloterpenes (excluding cyclohexane)
- Prodcom 20141223 - Benzene
- Prodcom 20141225 - Toluene
- Prodcom 20141243 - o-Xylene
- Prodcom 20141245 - p-Xylene
- Prodcom 20141247 - m-Xylene and mixed xylene isomers
- Prodcom 20141250 - Styrene
- Prodcom 20141260 - Ethylbenzene
- Prodcom 20141270 - Cumene
- Prodcom 20141290 - Other cyclic hydrocarbons
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
